Global Parking Management Market Size and Revenue Forecasts
The report on the Global Parking Management Market initially offers an in-depth overview of the Parking Management Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
The global parking management market size reached USD 3.77 Billion in 2020 and is expected to register a CAGR of 8.1%, during the forecast period, according to latest analysis by Emergen Research. Increasing need for more effective use of parking areas is expected to drive global parking management market revenue growth during the forecast period. In addition, rising number of vehicles globally is expected to propel growth of the global parking management market revenue going ahead. Furthermore, increasing adoption of Artificial Intelligence (AI) based services is expected to boost global parking management market growth.
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The report highlights the current impact of COVID-19 on the Parking Management market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Parking Management according to the impact of COVID-19.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Parking Management market expected to boost the growth of the industry in the coming years.
Parking Management Market Segmentation:
-
Offering Outlook (Revenue, USD Billion; 2018–2028)
- Services
- Solutions
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Service Outlook (Revenue, USD Billion; 2018–2028)
- Support & Maintenance
- System Integration
- Consulting
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Solution Outlook (Revenue, USD Billion; 2018–2028)
- Security & Surveillance
- Valet Parking
- Parking Reservation
- Revenue Management
- Access Control
- Others
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Parking Management market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Amano Corporation, Siemens AG, Conduent Inc., T2 Systems, Inc., APCOA Parking AG, IPS Group, Inc., FlashParking, Inc., Q-Free ASA, ParkMobile USA, Inc., Cleverciti Systems GmbH
Regional Landscape section of the Parking Management report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Parking Management market throughout the forecast period?
- What are the current and future market trends of the Parking Management market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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Highlights of Table of Contents (TOC):
- Overview of Global Parking Management Market
- Competitive analysis of the Parking Management market
- Regional analysis of Global Parking Management market production and revenue
- Regional analysis of Global Parking Management market supply, consumption, and export & import
- Type-based market analysis of global Parking Management production, revenue, and price trends
- Application-based analysis of the global Parking Management market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Parking Management market
- Conclusion of the research report
- Appendix
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Look Over transcripts provided by Emergen Research
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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